Abu Dhabi – Mubasher: The UAE’s residents have increased their savings by AED 2 billion in the first two months of 2018.
The growth recorded in Emirati banks’ client savings in January and February makes up 82.7% of the increase registered in 2017, the central bank’s data showed, according to Emirates News Agency (WAM).
The balance of savings hit AED 158.22 billion in February, compared to AED 156.263 billion in December 2017.
The UAE’s central bank has reported a 4.2% growth in international reserves in the second month of this year, recording AED 342.447 billion.
